- // Update 1 (30/07/2020 12:56 pm)
- Huawei denies laying off staff
Thanks to the COVID-19 pandemic and the escalating anti-China sentiments in the US and India, Huawei is now cutting its India revenue target for 2020 by up to 50%. The company is also laying off more than half its employees in the country amidst growing calls to boycott Chinese products and services in Asia’s third-largest economy.
Update 1 (30/07/2020 12:56 pm)
Yesterday we reported that Huawei is laying off more than 50% of its staff in India. Huawei has since reached out to us and given an official statement regarding the report.
